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Hong Kong is facing a repeat of 1998 Asia financial crisis

Hong Kong is facing a repeat of 1998 Asia financial crisis
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Hong Kong , Lehman Brothers Holdings , Hang Seng Index , Global Financial Crisis , Asia Financial Crisis ,

China Economy: Hong Kong is facing a repeat of 1998 Asia financial crisis

As a small open economy, Hong Kong is vulnerable to financial contagion and capital flights. Since 2009, hot money has flown in to be closer to China, just as it did in the 1990s en route to Southeast Asia. People nowadays question the city’s viability as a financial centre, reminiscent of the prevailing sentiment in the aftermath of the 1997 handover ....

Hong Kong , People Bank , China Ltd , Blackrock Inc , Hong Industrial Commercial Bank , Lehman Brothers Holdings Inc , Hang Seng Index , Global Financial Crisis , Asia Financial Crisis , Between August , Hang Seng , Rock Inc , Kong Listed Industrial , Commercial Bank , Hong Kong ,

Is ESG another Washington Consensus?

The transition towards greener economy has always been associated with environmental, social and governance (ESG). The trend has gained further momentum as the investing community have shown their commitment to invest based on the ESG principle. In particular, the institutional investors have increasingly pledged their allegiance to this new way of doing business. ....

United Kingdom , United States , World Bank , District Of Columbia , Republic Of , Joseph Stiglitz , International Monetary Fund , Us Department Of Treasury , Responsible Investment , Washington Consensus , Asia Financial Crisis , Dr Mohd Afzanizam Abdul Rashid , Chief Economist , Bank Muamalat Malaysia Berhad , Greenhouse Gas Emission ,